Interest (ing) Calculator

"Interest(ing) Calculator" version 3.0 is a remarkable tool for anyone managing finances, particularly in calculating financial parameters of loans and deposits. Developed by S. Rathinagiri, this program belongs to the Office Tools category, under the subcategory Calculators. As an open-source application, it can be easily accessed and modified by the community, offering users a variety of benefits.

The program's primary function is to assist users in determining one of the four key loan/deposit variables—Principal, Interest Rate, Term, and Installment—provided the other three variables are known. This can be particularly useful for financial analysis and planning. Users can easily download the program for free, making it an accessible tool for both personal and professional use.

Supporting a wide range of operating systems including Windows XP, 7, 8, 10, and 11, this utility ensures compatibility with most computers, providing flexibility for users across different platforms. The program files, named Interest.Exe, and CALC.EXE, are straightforward to execute and use.

Other versions of the program, including the current version 3.0, have been meticulously crafted to offer a seamless user experience. As it comes under the umbrella of open-source software, users can continually improve and adapt it to fit their specific needs, enhancing its utility and relevance.

Pros:

• Extremely useful for calculating financial parameters of loans and deposits.
• Easy to download and completely free.
• Supports a wide range of Windows operating systems.
• Open-source, allowing for community modifications and enhancements.

Cons:

• Limited to financial calculations involving loans and deposits, potentially less useful for other kinds of financial calculations.
• User interface could benefit from modernization to enhance user experience further.

Overall, Interest(ing) Calculator stands out as an invaluable tool for managing and understanding financial variables related to loans and deposits.

You may want to check out more software, such as inge System Design, Free Compound Interest Calcualtor or Free Investment Calculator, which might be similar to Interest (ing) Calculator.